Careers     Rental Application     Tenant Login     Call Us:   702-376-7379

Day: May 18, 2008

Las Vegas Bank Owned Properties

Whose got all the bank owned business in Las Vegas?  It’s the Las Vegas Agents that have developed the relationships with Asset Managers that control the bank owned properties!

It’s not what you know, it’s who you know.

I was looking at the expired list today and there was one name, I will leave nameless, who had numerous expired listings.  This Las Vegas agent has hundreds of bank owned properties, but I never see him marketing his listings any where.  You definitely don’t want to have to do a deal with him either, he never answers his phone and he usually doesn’t return your phone calls for a few days.  So how does he get so many bank owned listings?  I spoke to him a few weeks ago and asked him how he was so successful in getting so many bank owned listings and he said a friend of his was an asset manager so he gets all bank owned listings for Las Vegas.

So like I said, it’s not what you know, it’s who you know.  But isn’t it like that in every industry?

So for those agents that keep trying to develop a relationship with an asset manager, don’t give up, keep forging ahead and eventually your hard work will pay off or you could just become friends with an asset manager 🙂

Trulia, Friend or Foe?

You would think Trulia is there to help local real estate agents grow their business by giving them cool tools and widgets!  But that is just not the case.  Trulia is your competitor no matter which way you look at it.  Let’s look at my local market and the term “Las Vegas Real Estate” on Google.

Trulia ranks in the top 10 and ironically I am #11 which is on page 2.

Editor Note: Trulia no ranks #3 as of 4/1/2018.

So by placing these widgets and tools on my website, I am in fact helping my competitor by placing one way links to them. 

We all know that Trulia has “no follow” attributes on their website, so they are not sharing any link juice to their so called “trusted partners”. So needless to say, I have no Trulia widgets on my website and I encourage all real estate agents to remove any and all Trulia widgets or banners from their website.

It’s hard enough competing with other local real estate professionals but now you have to worry about a free national website that has a spending budget of millions.

Stop competing against yourself and do not link to Trulia!